Bosch to invest further in expanding its European heat-pump locations

Stuttgart, Germany, and Wałbrzych, Poland – Heat pumps are a key technology for achieving the European climate targets in the building sector. Owing to significantly increased demand, Bosch has been investing heavily in expanding its European heat-pump development and manufacturing network since 2018. To keep the ramp-up of heat pumps running at the required speed, Bosch intends to step up its investments. “Heat-pump technology is a European success story that we want to continue. At the same time, we are helping to decarbonize the more than 200 million buildings in Europe. For this purpose, we will be investing more than 1 billion euros by the end of the decade,” says Christian Fischer, the deputy chairman of the Bosch board of management who is responsible for the company’s Energy and Building Technology and Consumer Goods business sectors.